Wall Street dips ahead of earnings deluge

- U.S. stocks pulled back slightly on Monday as investors awaited a barrage of major earnings reports this week, the busiest this earnings season, while a jump in energy stocks kept losses in check.

About a third of the S&P 500 companies, including Boeing Co, Amazon.com Inc and Facebook Inc, will report this week, determining whether investors should be concerned about the start of an earnings recession or whether back-to-back quarters of negative growth can be avoided. “Given the waning volume and advance/decline metrics evidenced by equity markets in recent weeks, it would be justifiable to be concerned.”

At 10:02 a.m. ET the Dow Jones Industrial Average was down 56.52 points, or 0.21%, at 26,503.02, the S&P 500 was down 0.17 points, or 0.01%, at 2,904.86 and the Nasdaq Composite was down 3.26 points, or 0.04%, at 7,994.80. Boeing Co was down 1.1% after the New York Times reported the company’s factory in South Carolina, which makes the 787 Dreamliner, has been plagued by “shoddy production and weak oversight”. Another report on Sunday said the planemaker rejected the allegations.

Exaggerating again. A deluge! Do you even understand it's meaning. Come on journalist, have some respect for yourselves and get back to honest reporting instead of this everything is bleek and the world could end with this event.. You do it for every event. Just stop already!

An example for all to note-the difference.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asia stocks hover below nine month peak after Wall Street stallsAsian stocks hovered below a nine-month peak on Tuesday after disappointing bank...
Source: Reuters - 🏆 2. / 97 Read more »

Asia stocks hover below nine-month high after Wall Street stallsAsian stocks hovered below a nine-month high on Tuesday after disappointing bank... Personally I think there’s something inherently dishonest about US stocks. Creepy.
Source: Reuters - 🏆 2. / 97 Read more »

Asia stocks cling to nine-month high on China hopes, Wall Street dented by earningsAsian stocks ticked up on Tuesday, staying near a nine-month high as hopes of st...
Source: Reuters - 🏆 2. / 97 Read more »

Bank of America earnings; Netflix pressure; Boeing in focusToday’s top business headlines with ChristineRomans before the opening bell on Wall Street: ChristineRomans This is how the new should be! “Not hey there’s a rapist on the wild! Help identify him after the break.” Y’all take too long with that shit ChristineRomans I’m confused all the dems candidates are campaigning saying they want to bring this country together and at the same time they hate Trump and his Millions of his supporters who voted for him. All credit goes to rep Tulsi Gibbard she’s the only candidate above the hate
Source: CNN - 🏆 4. / 95 Read more »

Wall Street inches higher on tech boost, Johnson & Johnson earningsU.S. stocks edged higher on Tuesday, as an advance in technology shares and a ju...
Source: Reuters - 🏆 2. / 97 Read more »

Wall Street edges higher on generally upbeat earningsFinancial and tech firms gave Wall Street a modest lift on Tuesday following a s... Thanks for that update on the kiddie pool. Meanwhile over in the adults pool.
Source: Reuters - 🏆 2. / 97 Read more »